Hedge funds, ETFs dump over $40 billion in stocks after Trump tariff shock
- A global markets selloff worsened on Friday, fueled by falling US stocks after China retaliated against Donald Trump's tariffs.
- The selloff resulted in a historic market downturn, with the S&P 500 experiencing its largest decline since 2020.
- Donald Trump defended the tariffs, stating that the market's decline is expected and that it will 'boom' as the economy recalibrates.
- Concerns over global trade retaliation grew, with significant fears of a global downturn rising.
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45 Articles
45 Articles
All
Left
6
Center
10
Right
11
Coverage Details
Total News Sources45
Leaning Left6Leaning Right11Center10Last UpdatedBias Distribution41% Right
Bias Distribution
- 41% of the sources lean Right
41% Right
L 22%
C 37%
R 41%
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